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MN20012 Pre-announced Exam questions 2022 YOUR FINAL EXAM WILL CONSIST OF THREE OF THE QUESTIONS LISTED BELOW. YOU WILL BE REQUIRED TO ANSWER ONE. ANSWERS

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MN20012 Pre-announced Exam questions 2022 YOUR FINAL EXAM WILL CONSIST OF THREE OF THE QUESTIONS LISTED BELOW. YOU WILL BE REQUIRED TO ANSWER ONE. ANSWERS ARE TO BE IN ESSAY FORMAT & THERE IS A 2,000 WORD LIMIT. IN YOUR EXAM YOU WILL HAVE 2 HOURS + 60 MINUTES OF FORMATTING TIME. DO NOT SUBMIT LATE LATE SUBMISSIONS WILL NOT BE MARKED. YOU HAVE BEEN WARNEDII (2) Product innovation can be radical, incremental or architectural (Henderson and Clark, 1990). Critically evaluate the implications for the firm of each of the three types of innovation from the perspective of evolutionary economics

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